PadSplit is the largest coliving marketplace in the United States, dedicated to providing affordable and community-oriented housing solutions for low-income hourly wage earners, such as teachers and retail employees. Founded as a public benefit corporation, PadSplit addresses the affordable housing crisis by converting underutilized single-family homes into multiple furnished private bedrooms with shared common areas.

The company operates an online platform that connects individuals seeking affordable housing with property owners offering private rooms for rent. PadSplit provides thousands of furnished rooms across over 20 U.S. cities, with flexible leasing options and all-inclusive weekly payments that cover utilities, Wi-Fi, and furniture. The PadSplit app enhances convenience by allowing members to browse available rooms, manage payments, and connect with housemates. For property owners, PadSplit offers services like tenant screening and rent collection, helping them increase rental income by converting homes into multiple rentable rooms.

PadSplit's mission is to solve the affordable housing crisis by creating secure and accessible housing options that support financial stability and personal development for its members.